by Big Wave Trader | Sep 9, 2014
Turnaround Tuesday went in the opposite direction today with stocks falling on higher turnover as small cap stocks once again lead to the downside. Just after the announcement of the new product lineup out of AAPL it appeared as if this market would rally. However,...
by Big Wave Trader | Sep 9, 2014
Today started relatively quiet as futures simply did not have any news to digest. From the start it was the NASDAQ seeing the most attention as the index quickly recovered early morning losses. Unfortunately, once mid-morning hit the market as unable to gain much...
by Big Wave Trader | Sep 7, 2014
The Big Wave Trading Directional Models have undergone a couple of changes the past week. The first change was on Thursday when our models switched to NEUTRAL following the back-to-back gap reversals in overbought conditions. The second change came on Friday when the...
by Big Wave Trader | Sep 4, 2014
A surprise move by the ECB by cutting rates helped push US stocks higher for the early part of the session. The surprise move buried the EURO with EURUSD plunging to lows not seen since July of 2013. By mid-morning the steam had run from the market and the highs...
by Big Wave Trader | Sep 3, 2014
Small Caps and the NASDAQ 100 led the market lower today after solid gains yesterday. The news regarding the Celebrity Nude scandal finally go to AAPL as traders were using the excuse as the stock sold off in heavy volume. Volume on the NYSE ran lower on the...
by Big Wave Trader | Sep 2, 2014
The stock market welcomed back traders with a dull day, but big time volume. On the bright side we did have the NASDAQ and Russell 2000 pushed higher. Institutions were back from summer vacation in a big way as volume jumped well over Friday’s level. Aside from the...
